SWN Above The Cloud - Swing to $5?
Updated
Textbook Ichimoku Cloud reversal signals supported by a curling 50MA. Fib Extension based on movement during Oct 2020, paired with immediate trend lines suggests a 4-6 week $5+ price target with some resisance at $4.75.
Confirmation of the new trend will be a continuation to $4, followed by a pullback and bounce off of the $3.70 area.
Possible lon
Confirmation of the new trend will be a continuation to $4, followed by a pullback and bounce off of the $3.70 area.
Possible lon
Note
Possible long option call entry around $3.75.
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